Applying for a personal loan
Revolut offers unsecured personal loans which can be fully managed in-app.
Loan eligibility
To have a loan with Revolut, you must meet the following requirements:
- You're a full resident in the Republic of Ireland
- You're at least 18 years old
- You permanently live in a registered address in Ireland and the address linked to your Revolut account is up-to-date
- You're employed in Ireland and have your income paid directly into your Revolut, AIB, Bank of Ireland, or Permanent TSB account. You'll need to have received at least 3 consecutive months of income payments from the same employer in the linked bank account
- You're an active Revolut customer for at least 30 days and have no information missing from your account
- You have an Irish or UK mobile phone number linked to your Revolut account
- You have no negative balances in your Revolut account and no overdue commitments to third parties
How to apply for a personal loan
In your Revolut app:
- Go to 'Home' on the bottom menu
- Below your balance, tap 'Accounts'
- Tap 'Add new'
- Select Credit, and then 'Personal loan'
- Fill out the short application
Once you submit your application, we'll carry out credit checks to determine if your request meets our lending policy. If we need more information from you, we'll reach out via email. If we need additional documents, you'll be able to submit them in-app. You should get a decision within 3 business days.
If you're approved, you'll need to finalise the process by:
- Viewing the offer
- Editing the offer (if needed)
- Reading the pre-contractual documentation
- Accepting the offer via e-signature
The disbursement will be available in your Revolut account.
Why is my loan offer different to what I applied for?
While reviewing your loan application, we carefully consider your existing debts, expenses, and income. If we determine that the amount and term you initially asked for may lead to financial difficulties, we'll adjust the offer accordingly.
Our decision regarding a loan application is final, non-negotiable, and can't be changed by our Customer Support agents.